Replies to post #233 on Electric Last Mile Solutions Inc (ELMSQ)

[value1008]

I would assume the shorts are thinking that ELMS and any other EV startups will run into supply constraints out of China, and either not be able to produce as many vehicles as planned or will incur such high cost-of-goods that they won't be easily profitable in the time-frame specified.

I think that's why the stock (along with other EV stocks) has fallen so far-- look at how ELMS has traded since that Aug. conf call (i think it was on Aug 12).

But i believe that ELMS will solve this problem and i think some of the PRs the past few months are speaking to that -- e.g., opening the Asia center in China, cementing the supply relationship with CATL, etc.

Jmo.....